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AfDB and Norad shed light on private sector development actions
26-Oct-2016 - The African Development Bank (AfDB) and the Norwegian Agency for Development Cooperation (Norad) hosted a seminar on Private Sector Assistance: Current Evidence on Additionality on Monday, October 24 in Oslo.La BAD octroie 950 millions de Francs CFA au Togo, en contribution à l’autonomisation économique des femmes
26-Oct-2016 - Le Groupe de la Banque africaine de développement (BAD) a accordé au Togo, un don d’un million cent cinquante-deux mille cent soixante-treize (1 152 173) Unité de Compte (UC) soit environ neuf cent quarante-cinq millions (945 000 000) francs CFA au titre de financement pour le projet d’appui à l’inclusion financière des femmes vulnérables (PAIFFV).AfDB approves Somalia Infrastructure Fund
26-Oct-2016 - The African Development Bank Group (AfDB) has approved a framework document for the establishment of the AfDB Multi-Partner Somalia Infrastructure Fund.
AfDB ramping up efforts to prevent illicit financial flows and combat corruption
26-Oct-2016 - The African Development Bank (AfDB) is inviting journalist to a major two-day conference on corruption in Africa, including several events featuring the launch of the Anti-Bribery Policy and Compliance Guidance. This joint publication by the AfDB and the Organisation for Economic Co-operation and Development (OECD) aims to help African companies of all sizes to set up measures to stop the supply side of bribes to public officials in business transactions.
Regional Road Safety Workshop
26-Oct-2016 - Road traffic injuries claim more than 1.2 million lives each year worldwide and have a significant impact on health and development. Africa takes the highest share of the road crash burden relative to its low level of motorization and road network density. The characteristics of road crash in the region signifies that over 75% of the casualties are of productive age between 16-65 years; and the vulnerable road users, which include pedestrians, cycle riders and motorcycle riders, constitute over 65% of the deaths.
Korea scales up its financial assistance for Africa’s economic transformation
26-Oct-2016 - The African Development Bank (AfDB) and the Korean Ministry of Strategy and Finance have signed an Exchange of Letters announcing Korea’s replenishment of a grant of USD 18 million to the KOAFEC Trust Fund for the year 2017-2018. The KOAFEC Trust Fund is AfDB’s largest bilateral fund. Under the agreement, Korea will support the Bank’s strategic priority areas, commonly known as the “High Fives”, which seek to address the socio-economic challenges in Africa. The assistance, will among other things, develop Africa’s value chains, agro-poles and...AfDB with GEF helps to harness the potential of Africa’s transboundary water resources
26-Oct-2016 - On October 25 at the Global Environment Facility (GEF) Council meeting, the GEF approved the funding of USD 6.3 million for a regional project co-financed with the African Development Bank (AfDB). Funded by the International Waters (IW) window of the GEF, the project aims to strengthen transboundary cooperation and integrated natural resources management in the Songwe River Basin, shared by the countries of Malawi and Tanzania.Consultative Workshop on AWF 2017-2025 Long Term Strategy
26-Oct-2016 - The African Water Facility is hosting a consultative workshop its Long Term Strategy, 2017-2025 on Thursday and Friday, October 27 and 28, 2016 at the Heden Golf Hotel in Abidjan, Côte d’Ivoire.
US $350 million raised for Abidjan Sanitation Program – Phase II
25-Oct-2016 - Phase II of the Abidjan Sanitation Program has received a significant boost following the mobilization by donors of over US $350 million out of the required US $400 million needed to fund the program successfully.AfDB delegation hold talks with officials from Zambia and DR Congo to identify and address cross-border trade challenges
25-Oct-2016 - The African Development Bank’s Zambia Field Office in conjunction with the Regional Integration and Trade Department concluded a working visit, on September 22, to Lubumbashi in the Democratic Republic of Congo to establish current trade patterns with Zambia.
ADEA/FAWE Challenge: Advancing Girls’ Secondary Education towards SDG 4 and 5
25-Oct-2016 - The Association for the Development of Education in Africa’s Working Group on Education Management and Policy Support (ADEA WGEMPS) and the Forum for African Women Educationalists (FAWE) are searching for ideas and scalable innovative programmes and projects that can successfully enhance girls’ secondary education in Africa. The challenge will run from October 25 to December 25, 2016. Participants stand a chance to win a US $1,000 cash prize.Africa can benefit from Korea’s agricultural transformation experience, conference hears
25-Oct-2016 - Transforming Africa’s agriculture was the focus of the second day of the Korea-Africa Economic Cooperation Conference (KOAFEC) in Seoul.
The 5th KOAFEC Ministerial Conference opens with calls for continued support for Africa
25-Oct-2016 - The 5thKorea-Africa Economic Cooperation (KOAFEC) Ministerial Conference opened its doors in a colourful ceremony in Seoul, the Korean capital, on October 24, 2016. The event, under the theme “Transforming Africa’s Agriculture through Industrialization and Inclusive Finance” is being attended by over 500 participants, including Ministers of Finance representing AfDB’s regional member countries, pan-African institutions, regional economic communities and CEOs from the private sector.
AfDB Group to co-host the 5th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference in Seoul
24-Oct-2016 - An African Development Bank (AfDB) Group delegation led by President, Akinwumi Adesina, will attend the 5th KOAFEC Ministerial Conference in Seoul, South Korea from October 24-27, 2016.AfDB issues 1% US $1 Billion Global Benchmark due 2 November 2018
24-Oct-2016 - On Wednesday, October 19, 2016, the African Development Bank, rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), launched and priced a new US $1-billion 2-year Global benchmark transaction due 2 November 2018. The new 2-year issue is AfDB’s fifth USD Global benchmark transaction in 2016 and is also its first 2-year US dollar benchmark transaction this year. BNP Paribas, Goldman Sachs International, Nomura and TD Securities were mandated as joint-lead managers on the transaction.
Burkina Faso : Séminaire sur l’amélioration du climat des affaires dans l'espace UEMOA
24-Oct-2016 - La Communauté africaine de pratiques sur la Gestion axée sur les résultats de développement (AfCoP), dont le secrétariat est hébergé à la Banque africaine de développement (BAD), au sein du Département de l’Assurance qualité et des résultats, organise en partenariat avec l’Union économique et monétaire ouest-africaine (UEMOA), un séminaire de trois jours sur la «Amélioration du Climat des Affaires dans l'espace UEMOA», du 25 au 27 octobre, à Ouagadougou.
Governor of Zambezia Province in Mozambique launches Small Water Scheme financed by the African Development Bank
24-Oct-2016 - The African Development Bank’s drive towards implementing its fifth High 5 priority – “Improve the quality of life for the people of Africa” – was boosted on October 13, 2016, when the Provincial Governor for Zambezia in central Mozambique, Abdul Razak Noormahomed, launched a newly completed and rehabilitated Small Piped Water Scheme in Lioma community in the Gurue district.
The African Development Bank Group appoints Pierre Guislain as Vice-President, Private Sector, Infrastructure and Industrialization
24-Oct-2016 - The African Development Bank is pleased to announce the appointment of Pierre Guislain as Vice-President, Private Sector, Infrastructure and Industrialization, with effect from 1st December 2016. He will join the Senior Management Team of the Bank.
The African Development Bank Group appoints Khaled Sherif as Vice-President, Regional Development, Integration and Business Delivery
24-Oct-2016 - The African Development Bank is pleased to announce the appointment of Khaled Sherif as Vice-President, Regional Development, Integration and Business Delivery, with effect from 1st November 2016. He will join the Senior Management Team of the Bank.